This is a public announcement. The products and services referenced here may not be available in your area.
Binance is pleased to announce a new promotion for the network's spot trading bot, where all eligible users in the MENA region will share up to 5,000 USDT in token vouchers.
Activity period: 2023-08-02 06:00 (UTC) to 2023-08-16 05:59 (UTC)
During the Promotion Duration the first 1,000 regular or VIP users of level 1-3 who have confirmed their participation and successfully created a network bot for spot trading of USDT trading pair for the first time from the Bot Market or the “Popular” tab on the network spot trading page will be eligible to receive a token voucher each. Up to 5 USDT value.
Please note that only first-time users of the Instant Trading Network Bot will be eligible for bonuses. The final token voucher reward distributed to each eligible participant is based on the highest trading volume reached by the network bot for spot trading for any USDT trading pair during the promotion period, according to the table below.
Rewards Structure:
Token voucher reward value | Highest trading volume achieved by a network bot for spot trading on any USDT trading pair during the promotion period |
1 USDT | 100 USDT |
3 USDT | 500 USDT |
5 USDT | 2,000 USDT |
How to participate:
Step 1: Click “Register Now” on the activity page to register for the promotion.
Step 2: Click “Create” for any of the Spot Trading Network bots for the USDT pair such as (BTC/USDT) in the Bot Market or the “Popular” tab on the Spot Trading Network trading page. If the predefined options for the price range are no longer eligible, users must create another spot trading network bot with the eligible predefined options. (Tip: Bots with shorter “uptime” are more likely to have shared parameters that qualify for the price range.)
Step 3: Make sure that at least one Spot Trading Network bot of your USDT trading pair produces a trading volume greater than 100 USDT.
About grid trading:
Grid trading is a tool for automated trading. This trading bot automates buying and selling in spot trading. It is designed to place orders in the market at pre-determined time intervals, within a pre-determined price range. Grid trading is when orders are placed above and below a specified price, creating a grid of orders at increasing and decreasing prices.
Relevant evidence and references
How to Use Binance's Trading Bots Page (Binance)
What is spot grid trading and how does it work
How to Create a Spot Grid Trading Strategy on Binance (Binance)
Terms and Conditions:
Only regular users and VIP Level 1-3 who have completed identity verification in the MENA region (see point 3 below), clicked “Register Now” on the activity page during the promotion period, and have not previously created a network bot for spot trading before 2023. 08-02 06:00 (UTC), they will be eligible for any rewards in this promotion.
This promotion is only available to users able to use Binance Instant Network Trading, and may not be available or may be restricted in certain jurisdictions or regions, or to certain users, subject to legal and regulatory requirements.
In addition to users in restricted jurisdictions, users in Abu Dhabi, Bahrain, Dubai and Israel are not eligible for this promotion.
Users are responsible for informing themselves and noting any restrictions and/or requirements imposed regarding access to and use of the Binance Spot Trading Services in each country from which the Services are accessed.
In this promotion, 1000 eligible participants can receive 1-5 USDT in the form of a token voucher on a first-come, first-served basis.
Users must create network bots for spot trading of USDT trading pairs to qualify for rewards in this promotion. Network bots for spot trading of trading pairs other than USDT (e.g., BTC/BUSD, BNB/BTC) will not count towards the requirements of this promotion.
Token voucher rewards will be distributed to eligible users within 14 business days after the end of the promotion period. Users will be able to log in and redeem their vouchers via the Account > Rewards section.
The voucher is valid for 14 days from the day of distribution. Learn how to redeem the coupon.
Binance reserves the right to disqualify a user's bonus eligibility if the account is involved in any dishonest behavior (including, but not limited to, wash trades, illegally registered accounts, self-dealing, or market manipulation).
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or change these Promotion terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, and the specific terms and eligibility criteria. Thereby, the selection and number of winners, and the timing of any action to be taken, and all users are bound by such modifications.
Binance's Prize Promotion Terms and Conditions apply to this promotion.
When any discrepancy appears between the translated versions and the original English version, the English version shall prevail.
